the recent ipos getting hit hard, linkedin dropped 17%, pandora, the popular internet radio company dipped 8% and zillow, the real estate website fell 7%. companies like zinga and groupon they are now worried. at facebook and yelp talk of an ipo an analyst tell me it's not the right time but this may be an exception. >> unless you are an incredibly: powerful company like, say, a facebook, probably want to put off your ipo until the investor comes back to the table. right now would be a bad time. >> reporter: as for the passerbys i've spoken to, people here on main street so to speak, most say they are taking the big fall in stride. >> i'm not as concerned now as i know a lot of folks are, just stick it out and watch it day by day. >> reporter: the other element of this story is its impact on venture capitalists. many in the valley understandably concerned. uneasy about where to put their money. >> have to watch it more closely. thank you very much. >> in oakland the police chief calling for reinforcements after a stray bullet from a drive-by shooting killed a 3-year-old boy. christie smith